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Banking has evolved over thousands of years from systems used to account for personal wealth in ancient Mesopotamia, with the oldest continuously operating bank being founded in 1472 in Italy. Banking began as pawnbroking and usury, with modern banking in the U.S. aiming to serve the credit and deposit needs of communities, and acting as a facilitator of prosperity according to Alexander Hamilton.
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Dd alt tans
- 1. Openly Disruptive Disruptive Diner – Alternative Transactions
- 2. Numbers evolved from a system of counting token to keep accounts of personal wealth in Ancient Mesopotamia (3400 BC).
- 3. Banca Monte dei Paschi di Siena (1472, Italy) is the oldest continuously operating bank in the world.
- 4. An ad for banking from 1907
- 5. The purpose of banking in the U.S. is to serve the convenience and needs of communities for credit and deposit services.
- 6. Banking evolved from pawnbroking.
- 7. Usury has come to mean interest that exceeds a norm or law…an amount not normal, reasonable, or proper.
- 9. Why would American Express pay people to play Halo4?
- 10. Bank: a table, bar, desk, bench, or counter.
- 11. “Banking is the facilitator of prosperity in the community.” attr. Alexander Hamilton